If the work needs updates, that’s where it can add up, but $30K sounds like a reasonable cushion based on what you’re describing.It sounds like a solid deal, especially if the cash flow is good.

Is there a reason you aren't willing to do your own diligence and invest on your own and choose to knowingly take a worse deal through a TK provider?

In my mind sub to is for short term .. long term rentals is very problematic for many reasons. 

They reason why they would do this is to get $4 million, and they won't have to foreclose into a bad resale market. 

The reason so many people struggle with wholesaling is simple: they don’t understand lead generation.Take a moment to think about your approach.

RE is really a small business and the number 1 reason that small business's fail is lack of proper capitalization..

FHA will not use any short term rental data.Something else to think about - any reason why you wouldn't use a Fannie Mae loan here?

For this reason, I teach people to set policies for renting to unrelated individuals.

The reasons cited for the market not following suit this time are concerns that increasing GDP, especially in Q4 of 2024, and policy changes such as tariffs could lead to a resurgence of inflation and thus a change in the Fed’s projections, with there being 150bps of variance between certain Fed members projections (Source).

The reason I mention Buildium is because their Growth plan can be more affordable than the second tier of Appfolio that you need to pay for to get access to the integrations.